Question 1

What is the annual fee on the Axis Bank REWARDS Credit Card and how do you get it waived?

Accepted Answer

The Axis Bank REWARDS Credit Card charges ₹1,000 plus GST as a joining fee and the same ₹1,000 again at renewal. Axis Bank waives the renewal fee if you spend ₹2L in the previous year, which is about ₹16,667 a month. If your card spend sits below that, treat ₹1,000 as a real yearly cost that your rewards have to clear first.

Question 2

What is the reward rate on the Axis Bank REWARDS Credit Card?

Accepted Answer

You earn 20 points per ₹125 on Apparel & Departmental Stores. Everything else earns 2 points per ₹125. Each point is worth about ₹0.2 when you redeem it well, so ₹10,000 of top category spend gives you 1600 points, roughly ₹320, which is about 3.2% back. Fuel, Transportation & Tolls, Utilities, Insurance earn nothing at all.

Question 3

Does the Axis Bank REWARDS Credit Card give free airport lounge access?

Accepted Answer

The Axis Bank REWARDS Credit Card gives 8 complimentary domestic lounge visits a year, usually capped at 2 per quarter. Access is not automatic any more, because you need ₹50,000 of spend in the previous quarter before the visits become available, which is ₹16,667 a month.

Question 4

What changed on the Axis Bank REWARDS Credit Card recently and is it still worth it in 2026?

Accepted Answer

MCC-name exclusion redefinition; Apr 2026 portfolio devaluation; small Swiggy discount added. The changes are dated Jun 2025; Apr 2026. At ₹2L of yearly spend the card returns roughly ₹640 at its general rate of about 0.32%, against a ₹1,000 renewal fee. That does not clear the fee on its own, so this card only makes sense if the lounge visits or the co-brand benefits are worth the gap to you.

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Axis Bank Rewards Credit Card

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